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Miri Nan

How to accumulate Wealth: STEP 01

Do you want to earn money? Do you want to live your life without worrying about money? If yes, this is the perfect article for you.

Common misconception about building your wealth is having money or capital right away. That is not entire true because the first step that you must do if you want to be rich is to invest in yourself. Yes, invest in yourself first and you need no money to do that.

Investing in yourself means educating yourself. Let us say that you have money right now and you want to enter an business that will double or triple your money right away. There will only be two scenarios that will happen here. 1) You will get swayed by your emotions and invest your money no knowing that it might be a possible scam. 2) You will just ignore it without knowing that it might be legit.

To avoid these kinds of situations, you must first build up your financial literacy.  Take your time listening to different kind of people, read books about finance, do some exercises and after you feel that you are already well-equip the you can start investing your money. By this time, you will be able to see opportunities that are often overlooked by other people. 

Comments

1 Comments
  • Eduard
    Nov 16, 2020 17:32
    Thank you for this.